Balcilar, Mehmet; Eyden, Renee van; Inglesi-Lotz, Roula; … - Department of Economics, Faculty of Economic and … - 2013
The causal link between tourism receipts and GDP has recently become a major focus in the tourism economics literature … VECM indicate that there is no Granger-causality between the tourism receipts and GDP, while the findings from the time … power for tourism receipts; however, tourism receipts have positive-predictive content for GDP for the entire period, with …